• Get Help

Search

Career Bridge Logo
Home Work Career Groups Finance
Loan Officers
Finance

Loan Officers

Finance
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

What a loan officer does

Become a loan officer

If you enjoy doing these activities, you might make a good loan officer

  • Listening to others, not interrupting, and asking good questions.
  • Talking to others.
  • Noticing a problem and figuring out the best way to solve it.

Discover what you could earn in Washington

  • Average hourly rate is $41 per hour with an average salary of $84,300 per year.
  • Half of workers earn between $23 and $47 per hour.
  • Half of workers earn an annual salary between $48,500 and $97,700 per year.

Loan Officer job outlook

  • There are 8,378 workers in this occupation in Washington.
  • There are 851 openings per year in this occupation in Washington.

Growth rate by year

Education needed

Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Programs to get you there

See all programs›

Related careers

If you're drawn to a career area, more than one type of work might interest you. Explore the whole field!

Career resources

You have lots of options for career support, whether it's a worker retraining program, joining a career seeker group or just learning new skills. Check out resources to help you:

Where this information came from

  • Annual labor market information provided by Washington's Employment Security Department
  • Career information and video provided by U.S. Department of Labor